Multiple Choice
The Canadian money multiplier is calculated as the
A) change in monetary base divided by the change in deposits.
B) change in quantity of bank notes divided by the change in monetary base.
C) change in the quantity of money divided by the change in the monetary base.
D) change in monetary base divided by the change in quantity of money.
E) change in monetary base divided by the change in currency holdings of households.
Correct Answer:

Verified
Correct Answer:
Verified
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